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Adviser Profile

As of Date 06/14/2024
Adviser Type - Large advisory firm
Number of Employees 23 4.55%
of those in investment advisory functions 15 -6.25%
Registration SEC, Approved, 04/03/2017
Other registrations (1)
AUM* 864,354,630 109.07%
of that, discretionary 864,354,630 109.07%
Private Fund GAV* 394,296,841 35.61%
Avg Account Size 172,870,926 -16.37%
SMA’s No
Private Funds 5 3
Contact Info 512 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
413M 354M 295M 236M 177M 118M 59M
2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$394,296,841

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Brochure Summary

Overview

CenterGate Capital, L.P. (“CenterGate”) is a private equity firm that specializes in lower middle market companies. CenterGate was founded in 2014. The principal owners of CenterGate are Tiffany Kosch and Lewis Schoenwetter. CenterGate primarily provides investment advisory services to private investment funds that principally seek investment opportunities in private lower-middle market companies engaged in business and industrial services, manufacturing, and consumer sectors and that are located primarily in the United States. The CenterGate Funds provide capital through a variety of transaction types including consolidations, public to private transactions, and corporate divestitures through various transaction structures including buyouts, recapitalizations, and restructurings. CenterGate provides the services described above to its advisory clients, which are private investment funds (collectively, the “CenterGate Funds”). Generally, a related person of CenterGate acts as the general partner of (or other equivalent control position for) each CenterGate Fund, and CenterGate serves as investment adviser to each CenterGate Fund. References to CenterGate in this Brochure include, as the context requires, affiliates through which CenterGate provides investment advisory services or that act in any capacity referenced in the previous sentence. CenterGate tailors its advisory services to the specific investment objectives and restrictions of each CenterGate Fund set forth in such CenterGate Fund’s limited
partnership agreement (or similar governing agreement) and investment management agreement, as applicable. Investors and prospective investors of each CenterGate Fund should refer to the confidential private placement memorandum, limited partnership agreement (or similar governing agreement), investment management agreement and/or other governing documents, as applicable (collectively, the “Governing Documents”) of the applicable CenterGate Fund for complete information on the investment objectives and investment restrictions with respect to such CenterGate Fund. There is no assurance that any of the CenterGate Funds’ investment objectives will be achieved. In accordance with common industry practice, one or more of the CenterGate Funds and/or their general partners may enter into “side letters” or similar agreements with certain investors pursuant to which the general partner grants the investor specific rights, benefits, or privileges that are not made available to investors generally. Such “side letters” or similar agreements generally are disclosed only to investors in the applicable Fund that have separately negotiated with CenterGate for the right to review such “side letters” or similar agreements. CenterGate does not participate in any wrap fee programs. CenterGate manages all assets on a discretionary basis in accordance with the terms and conditions of each CenterGate Fund’s Governing Documents. As of December 31, 2023, the amount of assets CenterGate manages on a discretionary basis is $864,354,630.